When $KAVA launched, its initial token distribution was carefully planned to build a strong foundation and attract key partners. The total supply was divided up as follows:
Private Sale (25%): A quarter of the tokens were sold to private investors.
Seed Round (6.5%): An allocation was set aside for early investors who supported the project from the very beginning.
Initial Exchange Offering (6.5%): A portion of the tokens were sold to the public through a token sale on the Binance Launchpad in October 2019.
Team and Advisors (15%): This share was reserved for the Kava development team and project advisors. These tokens were subject to a vesting schedule to ensure their long-term dedication to the project.
Foundation Reserve (20%): A significant portion was set aside for the Kava Foundation, which uses these funds to support and grow the Kava ecosystem.
Ecosystem Incentives (28%): The largest portion of the initial supply was dedicated to various incentive programs to encourage widespread adoption and active use of the network.
